Meals and food and beverage taxes, local; exemption for sales of meals for fundraising purposes. (HB165)
Introduced By
Del. Peter Farrell (R-Henrico)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Local meals and food and beverage taxes; exemption. Provides that the exemption from local meals taxes for sales of meals for fundraising purposes by certain organizations applies when the revenues are used by an entity exempt from income tax pursuant to 501(c)(19) of the Internal Revenue Code for nonprofit fraternal purposes. Under current law the organizations are exempt on such sales if the revenue is used for nonprofit educational, charitable, benevolent, or religious purposes. Read the Bill »
Status
02/08/2016: Failed to Pass in Committee
History
Date | Action |
---|---|
12/23/2015 | Committee |
12/23/2015 | Prefiled and ordered printed; offered 01/13/16 16103222D |
12/23/2015 | Referred to Committee on Finance |
01/16/2016 | Impact statement from TAX (HB165) |
02/02/2016 | Assigned to sub: Subcommittee #2 |
02/02/2016 | Assigned Finance sub: Subcommittee #2 |
02/03/2016 | Subcommittee recommends continuing to 2017 |
02/08/2016 | Continued to 2017 in Finance |
Comments
More charity = less welfare